FranchiseVerdict
Hallmark Homecare logo
FV-01141·STRONGExcellent95

Hallmark Homecare

Health & Wellness - Senior CareFranchising since 2023Website
Investment
$110K – $280K
56th pct Senior Care
Avg revenue
$1.3M
50th pct Senior Care
Royalty
Units
36
58th pct Senior Care
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $110K – $280K including a $60K franchise fee.
  • Average unit revenue of $1.3M/year (median $1.0M). Estimated payback in 1.0 years.
  • Rated STRONG with a risk score of 29/100. SBA loan default rate of 0.0% across 26 loans (below the industry average).
  • System growing at 99999% CAGR over 3 years with 36 total units — strong expansion trajectory.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Hallmark Homecare, LLC
Parent company
Hallmark Homecare, Inc.
Incorporated in
Nevada
HQ
774 Mays Blvd, Suite 10-297, Incline Village, Nevada 89451
Auditor
Edward A. Rose, Jr., CPA, PC
Audited financials
Franchisor revenue
$4.3M
vs $3.8M prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one Hallmark Homecare unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $1,293,962
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: personal services
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $110K–$280K
Working capital
$
FDD reports $40K–$55K

Unlevered ROIC · per unit

123%

Above typical band (30–60%)

0%30–60% Yale band80%
ROIC above 100% usually means the revenue figure is a system-wide aggregate or top-cohort number rather than a single-unit average. Verify the "Revenue · per unit" field against the brand's FDD Item 19 detail tables before relying on this output.

Store EBITDA · annual
$298K
EBITDA margin
23.0%
Total invested
$242K
Payback
10 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Levered LBO scenario · Yale Crease Capital framing

What would 25 Hallmark Homecare units return on equity?

Edit assumptions

Equity IRR · 5-yr

29.1%

3.58× MOIC

Year-1 DSCR

2.78×

EBITDA ÷ debt service

Equity required

$9.5M

on $20.7M purchase

Total debt

$11.2M

SBA $5.0M + senior + seller note

SBA 7(a) request ($10.4M) exceeds the $5M program cap. Excess capped automatically; backfill via conventional or equity.

Overview

About

Hallmark Homecare franchisees operate home care agencies providing non-medical personal assistance, companionship, and activities of daily living (ADL) support to elderly and disabled clients. Day-to-day operations include caregiver recruitment/training, client intake and care planning, scheduling and billing, regulatory compliance (licensing, background checks), and direct client relationship management.

CEO
Steve Everhart
Founded
2022
FDD year
2025
States available
16

Item 7 · what it costs

The Vitals

Total investment
$110K – $280K
All-in to open one unit
Liquid capital
$40K – $55K
Cash you must have on hand
Franchise fee
$60K
Royalty
The greater of: (i) 6% of Gross Sales, or (ii) $500 multi…
Ad fund
1.0%
typical 3–5%
Total fee load
7.0%
vs 9–13% typical
Payback period
1.0 yrs
From v3 / Item 19

Item 19

Financial Performance

Avg gross sales
$1.3M
Per unit, per year
Median gross sales
$1.0M
Item 19 type
Full P&L and KPI for 5 represented franchisees
Sample size
5 units
vs category median 23 · small
Range (low → high)
$510K$2.8M
Cohort dispersion
Transparency
9 / 5
vs category median 4 / 5 · above
Revenue rank50th
vs Health & Wellness - Senior Care peers
Investment cost rank56th
Lower investment ranks lower (better)
Royalty rate rank71th
Lower royalty = lower percentile (better)
Unit count rank58th
vs Health & Wellness - Senior Care peers
Risk score rank0th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
36
Opened
15
Last reporting year
Closed
4
Turnover rate
11.1%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Net growth (yr3)
+44.0%
Net unit change last year
3-yr CAGR
Outlier (see FDD)
Likely small-sample artifact
2023
36+11
Franchised units
2024
25
Franchised units
2025
2
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 27 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Available · 27 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
26
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

29
Risk · 0-100
STRONG29 / 100

Moderate-to-caution risk profile: explosive growth trajectory lacks financial transparency, royalty floor structure penalizes smaller territories, and homecare regulatory complexity creates hidden compliance risks.

Score breakdown · what drove the 29 / 100 rating

  1. 01MEDNo Item 19 (Financial Performance Representations) disclosed — cannot independently verify the $192,788 average net income claim
  2. 02MINOR44% YoY unit growth is exceptionally high and may indicate unsustainable expansion, market saturation risk, or inflated recruitment numbers
  3. 03MEDHigh initial investment range ($109.5K–$279.5K) relative to disclosed average net income ($192.8K) creates tight ROI timeline and cash flow vulnerability
  4. 04MINORRoyalty structure has $500/territory minimum floor which could exceed 6% on low-revenue territories, creating profitability squeeze for smaller operators
  5. 05HIGHNo litigation disclosed but homecare franchises face inherent liability exposure (worker safety, client care incidents, wage/hour compliance) — absence of disclosure is itself concerning

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Zip Codes
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
No
Franchisor can buy back on resale
Mandatory arbitration
No
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
Nevada

Item 11

Training & Operations

Classroom training
31 hrs
On-the-job training
16 hrs
POS system
QuickBooks Online
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

56 numbers

Locked
(608) 266-••••
WI
(212) 416-••••
NY
(651) 335-••••
MN

One-time purchase · CSV download · Validation questions included

FDD download

Hallmark Homecare · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above